HOME Top Market Reports Feed Pigment Market by Type (Carotenoids, Curcumin, Caramel, Spirulina & Others), Carotenoids Source (Natural & Synthetic), Livestock (Swine, Cattle, Poultry, Aquatic Animals & Others), & by Region - Global Trends & Forecasts to 2020

Feed Pigment Market by Type (Carotenoids, Curcumin, Caramel, Spirulina & Others), Carotenoids Source (Natural & Synthetic), Livestock (Swine, Cattle, Poultry, Aquatic Animals & Others), & by Region - Global Trends & Forecasts to 2020

By: marketsandmarkets.com
Publishing Date: January 2016
Report Code: AGI 2472

 

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The pigments in feed market is estimated to be valued at USD 946.08 million in 2015. The market is projected to grow at a CAGR of 3.2% from 2015 to 2020. The pigments in feed market is segmented on the basis of type, livestock, and source. It is further segmented on the basis of region into North America, Europe, Asia-Pacific, Latin America, and the Rest of the World (RoW). With the increasing meat consumption and health benefits, the use of carotenoid pigments in animal feed is expected to enhance the market growth.

This report includes estimation of market size for value (USD million) and volume (KT). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global pigments in feed market and to estimate the size of various other dependent submarkets. Key players in the market have been identified through secondary research, and their market share in their respective regions has been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and were verified through primary sources.

Feed Pigment Market

To know about the assumptions considered for the study, download the pdf brochure

This report provides both qualitative and quantitative analyses of the pigments in feed market, the competitive landscape, and the preferred development strategies of key players. The key players preferred new product development, expansions, and acquisitions as preferred strategies to gain a larger share in the market. It also analyzes the market dynamics and issues faced by leading players.

The target audience for the report includes:

  • Feed pigment raw material suppliers
  • Feed pigment importers & exporters
  • Animal feed additives manufacturers and distributors
  •  Research institutions
  • Consumers engaged in animal farming and aquaculture business

“The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.”

Scope of the Report

On the basis of Type, the pigments in feed market is segmented as follows:

  • Carotenoids
    • Beta-Carotene
    • Lutein
    • Lycopene
    • Astaxanthin
    • Zeaxanthin
  • Curcumin
  • Caramel
  • Spirulina
  • Others (riboflavin, betalain, vegetable black, and anthocyanins)

On the basis of Livestock, the pigments in feed market is segmented as follows:

  • Swine
  • Ruminants
  • Poultry
  • Aquatic animals
  • Others (equines, sheep, and birds)

On the basis of Source, the pigments in feed market is segmented as follows:

  • Natural pigments in feed
  • Synthetic pigments in feed

On the basis of Region, the pigments in feed market is segmented as follows:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • RoW (South Africa and the Middle East)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered in the Report
    1.4 Currency
    1.5 Stakeholders
    1.6 Limitations

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand-Side Analysis
                    2.2.2.1 Growing Livestock Population
                    2.2.2.2 Increasing Demand for Milk and Meat Products
                    2.2.2.3 Parent Market Analysis: Animal Feed Industry
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown & Data Triangulation
    2.5 Research Assumptions
           2.5.1 Assumptions

3 Executive Summary (Page No. - 33)

4 Premium Insights (Page No. - 38)
    4.1 Attractive Opportunities in this Market
    4.2 Carotenoids: Leading Segment By Type
    4.3 Feed Pigments Market: 2015-2020 (USD Million)
    4.4 Europe: Largest Feed Pigments Market
    4.5 Carotenoids: Fastest-Growing Feed Pigments Market
    4.6 Poultry: Dominating Segment in Feed Pigments Market, By Livestock
    4.7 Synthetic: Largest Segment in the Feed Pigments Market, By Source
    4.8 Life Cycle Analysis: By Region

5 Market Overview (Page No. - 46)
    5.1 Introduction
    5.2 Evolution
    5.3 Market Segmentation
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Health Benefits of Carotenoids for Animals
                    5.4.1.2 Rising Consumption of Meat
                    5.4.1.3 Industrialization of Pork, Poultry, and Aquaculture Businesses
                    5.4.1.4 Increasing Preference Towards Pellet Feed
           5.4.2 Restraints
                    5.4.2.1 Regulatory Aspects
                    5.4.2.2 Rising Cost of Raw Materials
           5.4.3 Opportunities
                    5.4.3.1 Growing Asia-Pacific Market
                    5.4.3.2 Aquaculture and Feed Pigments
           5.4.4 Challenges
                    5.4.4.1 Adulteration

6 Industry Trends (Page No. - 58)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Supply Chain Analysis
           6.3.1 Prominent Companies
           6.3.2 Small & Medium Enterprises
           6.3.3 End Users/Consumers
    6.4 Porter’s Five Forces Analysis
           6.4.1 Intensity of Competitive Rivalry
           6.4.2 Bargaining Power of Suppliers
           6.4.3 Bargaining Power of Buyers
           6.4.4 Threat of New Entrants
           6.4.5 Threat of Substitutes

7 Feed Pigments Market, By Type (Page No. - 65)
    7.1 Introduction
    7.2 Carotenoids
           7.2.1 Beta-Carotene
           7.2.2 Lutein
           7.2.3 Lycopene
           7.2.4 Astaxanthin
           7.2.5 Zeaxanthin
           7.2.6 Canthaxanthin
           7.2.7 Other Carotenoids
    7.3 Curcumin
    7.4 Caramel
    7.5 Spirulina
    7.6 Other Feed Pigments

8 Feed Pigments Market, By Carotenoids Source (Page No. - 79)
    8.1 Introduction
    8.2 Natural Feed Pigments
    8.3 Synthetic Feed Pigments

9 Feed Pigments Market, By Livestock (Page No. - 85)
    9.1 Introduction
    9.2 Swine
    9.3 Poultry
    9.4 Ruminants
    9.5 Aquatic Animals
    9.6 Feed Pigments for Other Livestock Types

10 Feed Pigments Market, By Region (Page No. - 94)
     10.1 Introduction
     10.2 North America
             10.2.1 U.S.
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 Germany
             10.3.2 France
             10.3.3 Italy
             10.3.4 the Netherlands
             10.3.5 Spain
             10.3.6 Rest of Europe
     10.4 Asia-Pacific
             10.4.1 China
             10.4.2 India
             10.4.3 Japan
             10.4.4 Indonesia
             10.4.5 Rest of Asia-Pacific
     10.5 Latin America
             10.5.1 Brazil
             10.5.2 Argentina
             10.5.3 Rest of Latin America
     10.6 Rest of the World
             10.6.1 South Africa
             10.6.2 Others in RoW

11 Competitive Landscape (Page No. - 139)
     11.1 Overview
     11.2 Competitive Situation & Trends
     11.3 Expansions
     11.4 Acquisitions
     11.5 New Product Launches
     11.6 Partnerships & Collaborations

12 Company Profiles (Page No. - 147)
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
     12.1 Introduction
     12.2 BASF SE
     12.3 Royal DSM N.V.
     12.4 Kemin Industries Inc.
     12.5 Novus International, Inc.
     12.6 Guangzhou Leader Bio-Technology Co., Ltd
     12.7 D.D. Williamson & Co., Inc.
     12.8 Nutrex NV
     12.9 Behn Meyer Group
     12.10 Vitafor NV
     12.11 Innovad AD NV/SA

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 172)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Company Developments
             13.3.1 New Product Launches/Developments
             13.3.2 Partnerships & Collaborations
             13.3.3 Acquisitions
             13.3.4 Expansions
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports


List of Tables (107 Tables)

Table 1 Per Capita Consumption of Meat
Table 2 Impact of Key Drivers on the this Market
Table 3 Approved Carotenoids for Food & Feed Industries By Different Organizations
Table 4 Impact of Key Restraints on the Feed Pigments Market
Table 5 Opportunities for Feed Pigments Market
Table 6 Challenges to this Market
Table 7 Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 8 Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 9 Nature of Carotenoids
Table 10 Feed Carotenoids Market Size, By Region, 2013–2020 (USD Million)
Table 11 Feed Beta-Carotene Market Size, By Region, 2013–2020 (USD Million)
Table 12 Lutein Monograph
Table 13 Feed Lutein Market Size, By Region, 2013–2020 (USD Million)
Table 14 Feed Lycopene Market Size, By Region, 2013–2020 (USD Million)
Table 15 Astaxanthin Monograph
Table 16 Astaxanthin Market Size, By Region, 2013–2020 (USD Million)
Table 17 Feed Zeaxanthin Market Size, By Region, 2013–2020 (USD Million)
Table 18 Canthaxanthin Monograph
Table 19 Feed Canthaxanthin Market Size, By Region, 2013–2020 (USD Million)
Table 20 Other Carotenoids Market Size, By Region, 2013–2020 (USD Million)
Table 21 Feed Curcumin Market Size, By Region, 2013–2020 (USD Million)
Table 22 Feed Caramel Market Size, By Region, 2013–2020 (USD Million)
Table 23 Spirulina: Feed Pigments Market Size, By Region, 2013–2020 (USD Million)
Table 24 Other Feed Pigments Market Size, By Region, 2013–2020 (USD Million)
Table 25 Feed Pigments Market Size, By Source, 2013-2020 (USD Million)
Table 26 Natural: Feed Pigments Market Size, By Region, 2013-2020 (USD Million)
Table 27 Synthetic: Feed Pigments Market Size, By Region, 2013-2020 (USD Million)
Table 28 Feed Pigments Market Size, By Livestock, 2013–2020 (USD Million)
Table 29 Per Capita Pork Consumption, By Key Country/Region, 2013–2020 (Kg/Year)
Table 30 Swine Feed Pigments Market Size, By Region, 2013–2020 (USD Million)
Table 31 Per Capita Poultry Consumption, By Key Country/Region, 2013–2020 (Kg/Year)
Table 32 Poultry Feed Pigments Market Size, By Region, 2013–2020 (USD Million)
Table 33 Per Capita Beef Consumption, By Key Country/Region, 2013–2020 (Kg/Year)
Table 34 Ruminant Feed Pigments Market Size, By Region, 2013–2020 (USD Million)
Table 35 Per Capita Fish Consumption, By Key Country, 2013–2014 (Kg/Year)
Table 36 Aquafeed Pigments Market Size, By Region, 2013–2020 (USD Million)
Table 37 Other Livestock Feed Pigments Market Size, By Region, 2013–2020 (USD Million)
Table 38 Feed Pigments Market Size, By Region, 2013–2020 (USD Million)
Table 39 Market Size, By Region, 2013-2020 (KT)
Table 40 North America: Feed Pigments Market Size, By Country, 2013–2020 (USD Million)
Table 41 North America: Market Size, By Type, 2013–2020 (USD Million)
Table 42 North America: Market Size, By Carotenoid Type, 2013-2020 (USD Million)
Table 43 North America: Market Size, By Livestock, 2013-2020 (USD Million)
Table 44 North America: Market Size, By Carotenoids Source, 2013-2020 (USD Million)
Table 45 U.S.: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 46 U.S.: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 47 Canada: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 48 Canada: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 49 Mexico: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 50 Mexico: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 51 Europe: Feed Pigments Market Size, By Country, 2013–2020 (USD Million)
Table 52 Europe: Market Size, By Type, 2013–2020 (USD Million)
Table 53 Europe: Market Size, By Carotenoid Type, 2013-2020 (USD Million)
Table 54 Europe: Market Size, By Livestock, 2013-2020 (USD Million)
Table 55 Europe: Market Size, By Source, 2013-2020 (USD Million)
Table 56 Germany: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 57 Germany: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 58 France: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 59 France: Market Size, By Carotenoid Type, 2013-2020 (USD Million)
Table 60 Italy: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 61 Italy: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 62 The Netherlands: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 63 The Netherlands: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 64 Spain: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 65 Spain: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 66 Rest of Europe: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 67 Rest of Europe: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 68 Asia-Pacific: Feed Pigments Market Size, By Country, 2013–2020 (USD Million)
Table 69 Asia-Pacific: Market Size, By Type, 2013–2020 (USD Million)
Table 70 Asia-Pacific: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 71 Asia-Pacific: Market Size, By Livestock, 2013–2020 (USD Million)
Table 72 Asia-Pacific: Market Size, By Source, 2013–2020 (USD Million)
Table 73 China: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 74 China: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 75 India: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 76 India: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 77 Japan: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 78 Japan: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 79 Indonesia: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 80 Indonesia: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 81 Rest of Asia-Pacific: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 82 Rest of Asia-Pacific: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 83 Latin America: Feed Pigments Market Size, By Region, 2013–2020 (USD Million)
Table 84 Latin America: Market Size, By Type, 2013–2020 (USD Million)
Table 85 Latin America: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 86 Latin America: Market Size, By Livestock, 2013–2020 (USD Million)
Table 87 Latin America: Market Size, By Source, 2013–2020 (USD Million)
Table 88 Brazil: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 89 Brazil: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 90 Argentina: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 91 Argentina: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 92 Rest of Latin America: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 93 Rest of Latin America: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 94 RoW: Feed Pigments Market Size, By Region, 2013–2020 (USD Million)
Table 95 RoW: Market Size, By Type, 2013–2020 (USD Million)
Table 96 RoW: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 97 RoW: Market Size, By Livestock, 2013–2020 (USD Million)
Table 98 RoW: Market Size, By Source, 2013–2020 (USD Million)
Table 99 South Africa: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 100 South Africa: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 101 Others in RoW: Feed Pigments Market Size, By Type, 2013–2020 (USD Million)
Table 102 Rest of RoW: Market Size, By Carotenoid Type, 2013–2020 (USD Million)
Table 103 Expansions, 2014-2015
Table 104 Acquisitions, 2013-2015
Table 105 New Product Launches, 2012-2015
Table 106 Partnerships and Collaborations, 2012-2015
Table 107 Vitafor NV: Feed Pigment Products


List of Figures (46 Figures)

Figure 1 Market Segmentation
Figure 2 Research Design
Figure 3 Global Ruminants Population, 2000-2013, Billion Heads
Figure 4 Per Capita Consumption of Livestock Products
Figure 5 Feed Production Share By Livestock Type (Million Tons), 2014
Figure 6 Feed Consumption Share, By Livestock Type (Million Tons), 2014
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
Figure 9 Data Triangulation
Figure 10 Poultry to Be the Fastest Growing Segment in Feed Pigments Market,2015-2020 (USD Million)
Figure 11 Feed Pigments Market Size, By Region, 2015–2020 (USD Million)
Figure 12 Market Size, By Type, 2015–2020 (USD Million)
Figure 13 Market Share (Value), By Region, 2014
Figure 14 Strong Growth Potential for Feed Pigments Market, 2015-2020 (USD Million)
Figure 15 Carotenoids Projected to Be the Largest and Fastest- Growing Segment
Figure 16 U.S.: Largest Market for Estimated to Be the Largest Market During the Forecast Period.
Figure 17 Carotenoids Segment Accounted for Largest Share in the European Feed Pigments Market, 2014
Figure 18 Astaxanthin Segment Accounted for Largest Share in the Carotenoids Feed Pigments Market, 2014
Figure 19 Poultry Segment Accounted for Largest Share in the Feed Pigments Market, 2014
Figure 20 Synthetic Segment Accounts for the Largest Share in the Feed Pigments Market, 2014
Figure 21 Asia-Pacific to Provide Immense Opportunities for this Market Growth
Figure 22 Development of Feed Pigments Market
Figure 23 Industrialization of Pork, Poultry & Aquaculture Business is Driving the Growth of this Market
Figure 24 Global Feed Market, 2014
Figure 25 R&D Contributes Major Value to Overall Price of Feed Pigments Market
Figure 26 Research Organizations & Technologists: Integral Part of Supply Chain of Feed Pigments Market
Figure 27 Porter’s Five Forces Analysis: Feed Pigments Market
Figure 28 Carotenoids to Be Fastest-Growing Feed Pigments Market
Figure 29 Synthetic Feed Pigments to Be Fastest Growing Segment
Figure 30 Europe is Projected to Lead the Feed Pigments Market in 2020
Figure 31 Europe is Projected to Lead the Synthetic Feed Pigments Market By 2020
Figure 32 Feed Pigments Market Size, By Livestock, 2014 vs 2020 (USD Million)
Figure 33 Geographic Snapshot (2015–2020): Rapidly Growing Markets are Emerging as New Hotspots
Figure 34 European Feed Pigments Market: A Snapshot
Figure 35 Asia-Pacific Feed Pigments Market: A Snapshot
Figure 36 Acquisitions & Expansions: Most Preferred Approach of Key Companies
Figure 37 Expanding Revenue Base Through Business Expansions 2014-2015
Figure 38 Expansion: the Key Strategy, 2010-2015
Figure 39 Geographical Revenue Mix of Top 5 Market Players
Figure 40 BASF SE: Company Snapshot
Figure 41 BASF SE: SWOT Analysis
Figure 42 Royal DSM: Company Snapshot
Figure 43 Royal DSM N.V.: SWOT Analysis
Figure 44 Kemin Industries Inc.: SWOT Analysis
Figure 45 Novus International, Inc.: SWOT Analysis
Figure 46 Guangzhou Leader Bio-Technology Co., Ltd: SWOT Analysis

The feed pigments market is projected to grow at a CAGR of 3.2% from 2015 to reach a projected value of USD 1.07 Billion by 2020. The market growth is driven by growing customer demand for meat products and rising awareness about health benefits of carotenoids for animals among the livestock growers. The market is further driven by factors such as growing industrialization of pork, aquaculture, and poultry business and acknowledgment of the importance of feed pigments in fish farming.

Depending upon livestock, the global market is led by the poultry segment, followed by ruminants and swine. These are used on a large scale in regions where there is extensive demand for meat and meat products.

Among the various types of feed pigments, such as carotenoids, curcumin, caramel, spirulina, and others, carotenoids accounted for the largest market share in 2014, followed by spirulina and curcumin. Carotenoids are used on a large scale due to their antioxidant features which benefit the health of the animals and their capacity to enhance the pigmentation in poultry and aquatic animals.

Europe accounted for the largest market share in 2014 for feed pigments, followed by Asia-Pacific and North America. France and Germany constituted the largest country markets in the European region in 2014. Increasing awareness about the benefits of feed pigments is leading to the growth in this region. Also, adding feed pigments is an economical option which has led to increased sales of meat products in the European market. The Asia-Pacific region is projected to be the fastest-growing market with investments from several multinational manufacturers, especially in countries such as China, India, and Japan.

Feed Pigment Market

Stringent regulatory clauses for feed additives and increasing cost of raw materials have reduced manufacturer’s efficiency to manage production costs, affecting the final price of feed pigments in the market.

The key market players that dominate this market include Royal DSM N. V. (The Netherlands), Kemin Industries, Inc. (U.S.), D.D. Williamson & Co., Inc. (DDW) (U.S.), and Guangzhou Leader Bio-Technology Co., Ltd (China). Most key participants have been exploring new regions through new product launches and acquisitions across the globe, to avail a competitive advantage through combined synergies. Since 2011, the feed pigments market has witnessed an increase in demand, especially in developing nations such as India, China, Mexico, and Brazil.

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